MLD 2.40% $1.02 maca limited

Hi Sabine please excuse my ignorance, how is EAR connected to...

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    Hi Sabine please excuse my ignorance, how is EAR connected to MLD.  I found the following:
    1. a $2.5 million placement to Northern Star Resources Ltd (ASX: NST) (Northern Star) and a $1.5 million placement to MACA Limited (ASX: MLD), at an issue price of $0.11 per fully paid, ordinary share in the capital of the Company (Share) to raise a total of $4 million (Placement).
    What does a $1.5m placement to MLD mean?
 
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